Wall Street Signals: Newgioco Group Submits Application to Up-List Common Shares to NASDAQ Capital Market Exchange

Newgioco Group Submits Application to Up-List Common Shares to NASDAQ Capital Market Exchange

Newgioco Group, Inc. (NWGI) ("Newgioco" or the "Organization") a relaxation wagering innovation organization giving controlled lottery and gaming items and administrations through authorized auxiliaries situated in Europe, is satisfied to declare that it has presented its formal application to list the Company's normal stock on the NASDAQ Capital Market trade.

Acknowledgment for posting Company shares is liable to an endorsement, to some degree, in light of the Company's capacity to meet least NASDAQ posting necessities. While the Company means to fulfill the greater part of NASDAQ's posting criteria, no affirmation can be given that its application will be endorsed. Amid the NASDAQ survey process, the Company's regular stock will keep on trading on the OTCQB under its present image, NWGI until May 15, 2018 unless expanded from there on. Besides, in light of solid aftereffects of activities revealed by the Company, our offers that exchange under the image NWGI on the OTCQB advertise are never again considered as a Penny Stock as characterized by SEC Rule 240.3a51-1.

"Posting of our normal stock to the NASDAQ Capital Market would speak to the following real point of reference incorporate improvement since starting the Newgioco Group business in 2014," expressed Company Chairman and CEO, Michele Ciavarella. "Amid our hatching stage, Newgioco has made critical steps to create and balance out investor esteem by turning into a vertically incorporated, completely authorized recreation wagering administrator, while keeping up broad quality and budgetary control methods, corporate administration and keeping up reliable administrative filings with the Securities and Exchange Commission. Posting of our normal offers on the NASDAQ Capital Market could possibly give access to a bigger pool of capital, which is a key advantage in light of the generous securing and development openings in our $400 billion-dollar worldwide recreation wagering industry."

Mr. Ciavarella additionally commented that "This real development couldn't have been refined in such a successful way were it not for our profoundly dedicated authors and administration, workers and devoted proficient administration guides. Our destinations going ahead through 2018 and into 2019 is to keep on improving on our outstanding yearly development, which now and again has surpassed 100% in the course of the most recent four years. With the dynamic of administrative changes and sanctioning of gaming directions in the US and South America, we trust that, on the quality of our effective, driving edge Odissea wagering stage, Newgioco will soon be perceived as a global industry pioneer."

About Newgioco Group, Inc.

Newgioco Group, Inc., together with its backups, is a completely incorporated, authorized gaming innovation organization. The organization leads its business basically through retail neighborhood wagering shops and web-based wagering programming stage under the enlisted mark Newgioco through our authorized site www.newgioco.it arranged in Italy.

The organization offers its customers a full suite of recreation gaming items and administrations, for example, sports wagering, virtual games, online club, poker, bingo, lottery, intelligent amusements and openings, and in addition an imaginative wagering stage (www.odissea.at) giving both B2B and B2C wager preparing. Extra data is accessible on our corporate site at www.newgiocogroup.com.

Financial specialists may likewise discover us on Facebook® and tail us on Twitter @NWGI_gaming.